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SEALSQ Announces Agenda of its 2025 Annual General Meeting of Shareholders
Globenewswire· 2025-04-30 20:05
Geneva, Switzerland, April 30, 2025 (GLOBE NEWSWIRE) -- SEALSQ Corp (“SEALSQ” or “the Company”) (NASDAQ: LAES), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, is pleased to announce that its 2025 Annual General Meeting (“AGM”) of Shareholders will be held on May 19, 2025, at 09:00 a.m. Eastern Standard Time. The meeting will take place in person at Studio Gather, at 45 Rockefeller Plaza, 27th Floor, New York, New York 10020. ...
SEALSQ's Quantum-Resistant Secure Microcontrollers Enhance Smart Grid Resilience Amid Rising Environmental and Cyber Threats
GlobeNewswire News Room· 2025-04-29 13:20
Core Insights - SEALSQ Corp emphasizes the importance of its quantum-resistant secure microcontrollers in enhancing the resilience of IoT connected devices, particularly in light of the recent blackout in Spain and Portugal, which highlighted vulnerabilities in critical infrastructure [2][3][4] Company Overview - SEALSQ Corp specializes in developing and selling semiconductors, PKI, and post-quantum technology hardware and software products [2][8] - The company is focused on addressing security challenges posed by quantum computing through its innovative solutions [8][9] Industry Context - The blackout on April 28, 2025, caused by temperature-induced vibrations in high-voltage transmission lines, resulted in a loss of 15 gigawatts of power, affecting millions of customers [3] - This incident underscores the urgent need for secure and reliable IoT solutions to protect critical infrastructure from both environmental disruptions and cyber threats [3][4] Technological Solutions - SEALSQ's post-quantum secure microcontrollers are designed to secure IoT sensors and monitoring devices across electrical networks, ensuring the authenticity, integrity, and confidentiality of critical data [4][10] - The technology incorporates quantum-resistant cryptographic algorithms to protect against next-generation cyberattacks, enabling grid operators to trust real-time data for decision-making [4][10] Strategic Importance - The integration of SEALSQ's secure microcontrollers allows grid operators to detect anomalies early, such as temperature swings or synchronization issues, and take action before failures escalate [5][10] - As smart grids evolve, SEALSQ's solutions enhance reliability, protect against cyber threats, and support system reconfiguration to minimize power losses, which is crucial for maintaining operational efficiency [6][10] Commitment to Infrastructure Security - SEALSQ is dedicated to protecting global critical infrastructure with advanced quantum-resistant solutions that address the challenges of an increasingly connected and unpredictable world [7][11]
IBM joins Apple, Nvidia with pledge to invest $150B in US for computer manufacturing
New York Post· 2025-04-28 16:35
Core Viewpoint - IBM plans to invest $150 billion in the US over the next five years, focusing on quantum computer production and supporting local manufacturing initiatives [1][3] Investment Commitment - The investment includes over $30 billion specifically for expanding US manufacturing of quantum computers and mainframes, which are essential for handling large data and critical applications [3] - This announcement aligns with similar commitments from other tech giants like Nvidia and Apple, each pledging approximately $500 billion in the US over the next four years [1][6] Industry Context - Analysts interpret these spending commitments as strategic moves to appease the Trump administration amid concerns over tariffs that could disrupt supply chains and increase costs for the technology sector [2][4] - Recent advancements in quantum computing, such as new chips from Google's Alphabet, have heightened interest in the field, although there is uncertainty regarding the timeline for practical applications [5][8] Financial Overview - IBM reported cash and cash equivalents of $14.8 billion as of December 31, with capital expenditures of $1.13 billion last year and total expenses amounting to $29.75 billion [9]
SEALSQ Announces the Establishment of SEALSQ Singapore Ltd to Develop a Post-Quantum Semiconductor Personalization Center
Globenewswire· 2025-03-13 13:06
Geneva, Switzerland, March 13, 2025 (GLOBE NEWSWIRE) -- SEALSQ Corp (NASDAQ: LAES) ("SEALSQ" or "Company"), a company that focuses on developing and selling Semiconductors, PKI, and Post-Quantum technology hardware and software products, announced today during the presence of its CEO at TGE CNBC Converge Live event its intend to establish SEALSQ Singapore Ltd, a new entity that will be dedicated to creating a Post-Quantum Semiconductor Personalization Center in Singapore. This initiative reinforces SEALSQ’ ...